Jan 25, 2013 6:30pm PST
$3 billion into dell may give investors a clue about what it sees in its future. >> similar to dell, microsoft really is a company that is strapped for growth right now so access to a potentially new growth avenue could be beneficial for microsoft. >> reporter: one growth area is the consumer space. microsoft launched the surface tablet this past fall-- it's first foray into the hardware space. >> people like to do everything on something that is light and portable and fast and they want to do more and more and more. >> reporter: analysts say the surface has been slow to gain traction with consumers, partly because of its higher price point, but come february its expected to launch a business version of the surface, pushing deeper into the enterprise space as everyone from consumers to business users say goodbye to the desktop computer. >> for the first time in 11 years the p.c. market declined in 2012 as more and more people move to tablets like the surface and other mobile devices. industry watchers say a deal with dell could help the software giant move deeper into the consumer m
Jan 14, 2013 6:30pm PST
it seems the reviews are generally positive. suzanne pratt, "n.b.r.," new york. >> susie: dell stock also making news today, on reports the company is in talks with private equity firms regarding a potential buyout. investors snapped up the stock: dell shares posted their best day in months, rising 13% to $12.29 a share. dell had no comment on the report. >> tom: still ahead, tonight's word on the street: facebook. the social network promises a mystery announcement tomorrow, how friendly could that be for shareholders? >> susie: stocks are up so far this year, but adam parker expects the markets will close flat for 2013. he's chief u.s. equity strategist at morgan stanley. so adam why so gloomy so, many strategists are much more positive than you are. what is your thinking? >> well, look, we have a more cautious earnings outlook than i think some of our peers. the macroeconomy is not that strong right now. and corporate earnings aren't growing that much. i think that is the root of our near-term caution. >> susie: on earnings also you're not so upbeat. are you looking for them to be flat-
Jan 15, 2013 6:30pm PST
in technology was dell. the computer maker is talking with two private equity firms about going private. the stock built on yesterday's gains, adding another 7.2%, climbing to its highest price since mid-may. volume was huge, with more than 150 million shares trading. talk of a possible buyout comes as the stock is down 17% in the past year even with the rally of the past two days. concerns have been building about dell's traditional computer business under pressure by competition from smartphones and tablets. as a group, retail stocks were stronger thanks to the encouraging retail sales data from last month. the s&p retail exchange traded fund rallied 2.1%, closing over $64 per share for the first time since september. among the leaders, dollar general's 3.8% rally, big lot's 3.6% increase, and j.c. penney up 3.4%. these three are among the worst performing retail stocks over the past six months. two other specialty retailers in focus today. young adult apparel store express jumped 23.8% after the company raised its financial guidance thanks to a stronger- than-expected holiday season.
Jan 26, 2013 12:30am PST
chronicle" reporter. jolie o'dell, of venturebeat.com. as well as john myers, kxtv political editor joining us from sacramento. governor jerry brown struck a confident tone on thursday, applauding lawmakers and voters for making tough decisions to balance california's budget. he also pushed for his priorities including education and regulatory reform. now, john, how would you rate his speech and what left the biggest impressions on you? >> well, you know, rating the speech, a speech from jerry brown is really tough to do because it's unlike any other speech you get from any other governor. how many governors go from the book of genesis to "the little engine that could" in one 25-minute speech? this was a vintage jerry brown speech. i think really what you saw here was a little bit of the governor running a victory lap. proposition 30 passed. temporary taxes passed. the budget looks a lot better. i think this was the governor's chance to pivot, to pivot to talking about what makes california great, how we get them back on track. don't worry, we're getting there. so i took this as a real opti